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We have access to a significant number of Private lending options – similar to Mezzanine financing. Private lending refers to lenders who are willing to take a higher risk on an individual, company or owner occupier, who may not have, or willing to show the income to support the debt requested. They may credit issues or need higher loan to value or loan to cost. Funds are accessed through MIC’s or private individuals to allow our firm to provide a custom solutions for the borrower.
Each loan is unique with different lending parameters due to product type and risk parameters. Private lending is an option which often allows the borrower to purchase a property when they don’t have the immediate cash to allow the purchase to occur.